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Paralegal Exam Prep

Category - Legal Envrmt

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What is the organization that oversees the global rules on trade?
  1. The World Trade Organization
  2. The Free Trade Organization
  3. The Global Care Organization
  4. The Global Commerce Organization
  5. The Global Commerce Oversight Committee
Explanation
Answer: A. The World Trade Organization is the organization that oversees the global rules on trade. Its main function is to ensure that trade flows as smoothly, predictably, and freely as possible. It replaced the General Agreement on Tariffs and Trade that existed from 1947 until 1994.
Category: Legal Environment
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